Friday

29th Mar 2024

Ticker

France and Germany moving closer to eurozone reform

An agreement on a eurozone reform is "within reach," said French finance minister Bruno Le Maire, according to German media, following discussions with his German counterpart Olaf Scholz (SPD) in Hamburg over the weekend. There are still two or three open points, which should be solved at the latest when German chancellor Angela Merkel and French president Emmanuel Macron meet on Tuesday at Merkel's Schloss Meseberg country residence.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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